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The Mandatory Provident Fund (Chinese: 強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations ...
Description: In this book, Keynes put forward a theory based upon the notion of aggregate demand to explain variations in the overall level of economic activity, such as were observed in the Great Depression. The total income in a society is defined by the sum of consumption and investment; and in a state of unemployment and unused production ...
Alice Nakamura has written and edited 14 books and journal issues and is the author of 82 refereed articles and book chapters. She was also the first woman to publish in the American Economic Review (the second undergraduate student, after Robert Heibroner's first publication over 25 years prior). [1]
If Trump’s economic policies cause more inflation, it could force the Fed to tap the brakes and pull back any expected interest rate cuts. The new administration could make some new noise about ...
Good Economics for Hard Times: Better Answers to Our Biggest Problems is a 2019 nonfiction book by Abhijit V. Banerjee and Esther Duflo, both professors of economics at MIT. It was published on November 12, 2019 by PublicAffairs (US), Juggernaut Books (India), and Allen Lane (UK).
The applications of the marginal cost of public funds include the Samuelson condition for the optimal provision of public goods and the optimal corrective taxation of externalities in public economic theory, the determination of tax-smoothing policy rules in normative public debt analysis and social cost-benefit analysis common in practical ...
Leigh Phillips' and Michal Rozworski's 2019 book The People's Republic of Walmart argues that multinational corporations like Walmart and Amazon already operate centrally planned economies in a more technologically sophisticated manner than the Soviet Union, proving that the economic calculation problem is surmountable. [36]
A man who returned to his Alaska hometown took to social media to document the inflated prices of food and drinks, including an $11 box of cereal. Still, he says it's someplace he'd live again.